Category Archives: Uncategorized

Shell makes its second major strategic change in as many months, announcing it will take a $2 billion charge as it shelves an oil-sands project in Alberta after walking away from an Arctic drilling program.
Source: OffshoreShell Takes Billion Charge to Quit Oil-Sands Project
{$excerpt:n}

Flow tests at the second of two target zones in the onshore Waitsia-1 well record an output rate of 25.7 million cubic feet of gas per day, raising the total combined flow rate to over 50 Mcf per day.
Source: OffshoreAwe Limited: Waitsia-1 Flows Gas at 50 Mcf Per Day
{$excerpt:n}